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Will consider Air India's biz strategy, other factors before deciding on additional fund requests: Singapore AirlinesSingapore Airlines will carefully consider Air India's capital requests. The airline group evaluates investments considering its own capita...- Can Lumino Industries IPO deliver long-term growth for high-risk investors?Lumino Industries plans a ₹700 crore initial public offering to reduce debt and boost manufacturing capacity. The company expects to benefi...
- Air India’s $1.5 billion funding ask sparks backlash in Singapore parliamentA Singapore politician questions the logic of Singapore Airlines supporting Air India. He opposes using Temasek funds for Air India's turna...
- Disney's losses from Reliance JV down to $44 million in June quarterWalt Disney's Indian joint venture with Reliance Industries saw losses narrow significantly in the recent quarter. The combined entity, Jio...
- Lightspeed exits PhysicsWallah in Rs 550 crore block deal with 30% returnThe transaction gives Lightspeed a relatively modest return from its nearly two-year investment in PhysicsWallah. The investor had put abou...
- Zerodha’s growth stalls; IT’s new deal modelZerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
- IT firms turn to bundled deals to weather AI deflationIndian IT service providers are increasingly using structured deals that combine acquisitions with long-term service contracts. Experts say...
- Air India seeks $1.5 billion from owners Tata Sons, Singapore Air as losses mount, sources sayAir India is seeking around $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines to fund its turnaround, according to ...
- Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
- TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potentialTCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 mi...
- IT needs forward deployed leadership on the front lines to navigate AI resetAs AI now rewrites the IT business algorithm beyond recognition, Indian technology pureplays have responded with a talent reshuffle that's ...
- More cars, thinner margins: Why rising sales aren’t boosting automakers’ profitsIndian car makers see strong sales volumes, but profits are declining. Rising commodity prices and currency shifts are impacting manufactur...
- Explained: What Oriental Hotels’ merger with IHCL means for shareholdersIHCL will merge Oriental Hotels into itself through an all-stock transaction, with Oriental Hotels shareholders set to receive 25 IHCL shar...
- Third Wave Coffee raises Rs 408 crore in funding round led by WestBridge CapitalThe round, comprising a mix of primary and secondary capital, also saw participation from existing investor Creaegis and angel investors, t...
- Growth broadens across India Inc: What an 8-quarter earnings review reveals about sectors, risks and returnsET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is present...
- Oriental Hotels board approves merger with Indian Hotels Company Limited (IHCL)Oriental Hotels Limited's board approved an amalgamation scheme with The Indian Hotels Company Limited. This significant merger requires ap...
- Welspun RE biz race: Macquarie, RP Sanjiv Goenka in last lapWNEL has a relatively small operating renewable energy portfolio, with about 45 MW of operational capacity. Its largest project under const...
- Starbucks India brews up a fresh plan; puts expansion back on the menuStarbucks India plans aggressive store expansion after a two-year business model recalibration. The company reported four consecutive quart...
- Expensive living? Inflation hits coriander to cars in IndiaConsumer goods companies are increasing prices and reducing pack sizes. Automobile manufacturers and tyre companies also announced signific...
- Tata Consumer likely to take 'calibrated' price hikes if cost woes persist; eyes double-digit FY27 growthTata Consumer Products anticipates sustained double-digit revenue growth through strong consumer demand. The company's fast-growing food an...
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